Which of the following is the external user of financial statements?

Related Mcqs:

A brief explanation recorded below every entry in general journal is commonly known as__________?

A. Narration B. Explanation C. Summary D. Other information...

Current assets – Current liabilities=?

A. Capital B. Absorbed capital C. Net assets D. Net working capital...

Which of the following errors is an error of omission?

A. Sale of ` 100 was recorded in the Purchases Journal B. Wages paid to Mohan have been debited to his account C. The total of the sales journal has not been posted to the Sales Account D. Repairs to buildings have been debited to buildings account...

Capital expenses are shown in___________?

A. Balance Sheet B. Profit and Loss A/c C. Trading A/c D. None of these...

Depreciation is calculated on the____________?

A. Cost price of asset B. Market price C. Cost+ Transport+ Installation expenses D. Cost or market values whichever is less...